Real Estate Agents Don't Deserve the Commissions

I fail to figure out why people pay real estate agents the money the do to sell a home.

Sure, some spend hundreds of hours, but most spend less than 50.

For that they get 3% and the broker gets 3%?

Granted, commissions differ, but on a half million dollar house, the money is ridiculous! If the combined commission is 6%, that's $30,000!

They give the sob story that they work hard and seldom make sales so they need big commissions to carry them through. Maybe if the commissions weren't so high more people would use them.

I'm all for changing the monopoly giving these guys such a huge commission.

How about a negotiated fee? How about hiring them by the hour? How about making it easier for the poor buyers and sellers to do the job themselves.

Agents and Brokers? Necessary in some cases, an overpriced pain in the bank account for most.

If you have a choice, work with a bank and title company and keep the commissions.

It's all my opinion, but hey, I'm entitled to that.